Jackson Financial (NYSE: JXN) EVP has shares withheld for RSU tax obligations

Rhea-AI Filing Summary

Jackson Financial Inc. executive Savvas Steve Panagiotis Binioris reported a tax-related share disposition. On the vesting of the first tranche of his May 9, 2025 restricted share units, 103.84 shares of common stock were withheld at $109.64 per share to satisfy tax obligations.

The RSUs convert 1:1 into common stock, with net shares delivered after withholding and any fractional share applied to taxes. Following this routine compensation-related withholding, he directly holds 36,785.48 shares of Jackson Financial common stock.

Insider Trade Summary

Net Seller: 103.84 shares

Net Sell 1 txn

Insider Binioris Savvas Steve Panagiotis

Role EVP and Chief Risk Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	103.84	$109.64	$11K

Holdings After Transaction: Common Stock — 36,785.48 shares (Direct)

Footnotes (1)

1. F1. Shares withheld to pay the reporting person's tax withholding obligation upon vesting of the first tranche of the May 9, 2025, restricted share units ("RSUs"). The RSUs will convert 1:1 into common stock. Upon vesting, net shares were distributed and any related fractional share was applied to cover the tax obligation for the reporting person.

Key Figures

Tax-withheld shares: 103.84 shares Withholding price: $109.64 per share Shares held after transaction: 36,785.48 shares

3 metrics

Tax-withheld shares 103.84 shares Common stock withheld for tax obligation on RSU vesting

Withholding price $109.64 per share Implied value for withheld Jackson Financial common shares

Shares held after transaction 36,785.48 shares Direct Jackson Financial common stock holdings after tax withholding

Key Terms

restricted share units ("RSUs"), tax withholding obligation, vesting, fractional share

4 terms

restricted share units ("RSUs") financial

"the May 9, 2025, restricted share units ("RSUs"). The RSUs will convert 1:1"

tax withholding obligation financial

"Shares withheld to pay the reporting person's tax withholding obligation upon vesting"

vesting financial

"tax withholding obligation upon vesting of the first tranche of the May 9, 2025"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

fractional share financial

"net shares were distributed and any related fractional share was applied"

A fractional share is a portion of a single stock that is worth less than one full share, like owning a slice of a pizza instead of the whole pie. It lets investors buy and hold part of expensive stocks or spread small amounts of money across many companies, which helps with diversification and regular investing; dividends and price changes affect fractional shares proportionally, though some rights and trading rules can vary by provider.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/12/2026 - 01:45 PM Learn about SEC filing dates

FAQ

What insider transaction did Jackson Financial (JXN) report for Savvas Binioris?

Jackson Financial reported that EVP and Chief Risk Officer Savvas Binioris had 103.84 common shares withheld at $109.64 each. This covered his tax obligation when the first tranche of May 9, 2025 RSUs vested, a routine compensation-related event.

Was the Jackson Financial (JXN) Form 4 transaction an open-market sale?

No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were automatically withheld by Jackson Financial to pay the executive’s tax liability upon RSU vesting, rather than being sold at his discretion in the market.

How many Jackson Financial (JXN) shares were withheld and at what price?

A total of 103.84 Jackson Financial common shares were withheld at $109.64 per share. This withholding satisfied the executive’s tax obligation linked to the vesting of restricted share units that convert 1:1 into common stock.

How many Jackson Financial (JXN) shares does Savvas Binioris hold after this filing?

After the tax-withholding disposition, Savvas Binioris directly holds 36,785.48 shares of Jackson Financial common stock. This figure reflects his position following the RSU vesting and related share withholding for tax obligations disclosed in the Form 4.

What are the May 9, 2025 RSUs mentioned in the Jackson Financial (JXN) Form 4?

The May 9, 2025 RSUs are restricted share units granted to the executive that convert 1:1 into Jackson Financial common stock upon vesting. When the first tranche vested, some shares were withheld to cover associated tax obligations before net shares were distributed.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Binioris Savvas Steve Panagiotis

(Last) (First) (Middle)

1 CORPORATE WAY

(Street)

LANSING MICHIGAN 48951

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Jackson Financial Inc. [ JXN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and Chief Risk Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/09/2026		F(1)		103.84	D	$109.64	36,785.48	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld to pay the reporting person's tax withholding obligation upon vesting of the first tranche of the May 9, 2025, restricted share units ("RSUs"). The RSUs will convert 1:1 into common stock. Upon vesting, net shares were distributed and any related fractional share was applied to cover the tax obligation for the reporting person.

Remarks:

Power of Attorney on file.

	/s/ Koreen A. Ryan, as Attorney-in-Fact	05/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)